06.08.2023
Analysts at investment firm Wedbush have raised their Apple target price by $15, based on predictions of success for the Vision Pro headset, iPhone 15 range, and Apple services.In April
In April 2023, Wedbush raised its target price from $190 to $205, based on expectations of strong iPhone 15 demand later in the year. Now it has made another $15 jump to $220, again because of the next iPhone but also specifically because of Vision Pro, services, and what it sees as Apple's longterm planning."Apple playing chess while others play checkers," is the analysts' summary in a note to investors seen by AppleInsider. "Based on our current analysis we estimate roughly 250 million iPhones have not been upgraded in over 4 years and sets Apple up for a major installed base upgrade cycle heading into this anniversary 15 year release."Read more...
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